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Fly News Breaks for December 9, 2015
MXIM
Dec 9, 2015 | 06:39 EDT
Nomura analyst Romit Shah upgraded Maxim to Buy from Neutral and raised its price target to $47 from $33 on shares. Shah said Maxim is a top takeout target for 2016, with Texas Instruments (TXN) being the most likely acquirer given the strategic nature of the potential transaction and Maxim's attractive cash flow yield.
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